NewEdge Advisors LLC increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 10.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,307,335 shares of the company’s stock after purchasing an additional 120,342 shares during the period. NewEdge Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $64,713,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in PULS. Anchor Investment Management LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 1st quarter valued at $25,000. Flagship Wealth Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth about $25,000. Sound Income Strategies LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after acquiring an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. purchased a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $30,000. Finally, Kingdom Financial Group LLC. purchased a new position in PGIM Ultra Short Bond ETF during the 4th quarter valued at about $32,000. Institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Price Performance
NYSEARCA:PULS opened at $49.58 on Friday. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year high of $49.84. The company’s 50-day simple moving average is $49.61 and its 200 day simple moving average is $49.64. The firm has a market capitalization of $17.37 billion, a P/E ratio of -23.84 and a beta of 0.02.
PGIM Ultra Short Bond ETF Company Profile
The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation. PULS was launched on Apr 5, 2018 and is managed by PGIM.
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